Utah Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• Control #: US-EG-9142
• Format: Word; Rich Text

Description

Series 204 Trust Agr. btwn Van Kampen Foods, Inc., American Portfolio Evaluation Serv., Van Kampen Investment Advisory Corp., and The Bank of New York dated Jan. 6, 2000. 5 pages Utah Trust Agreement is a legally binding document that outlines the terms and conditions agreed upon between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement serves to protect the interests and assets involved in various financial transactions carried out by these entities in the state of Utah. The Utah Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York aims to provide a framework for the management and administration of trust assets, ensuring a secure and organized approach. This agreement outlines the roles and responsibilities of each party, in addition to specifying the powers, limitations, and obligations associated with the trust arrangement. In the context of different types of Utah Trust Agreements, several variations may exist depending on the specific purpose and nature of the trust. Some common types may include: 1. Revocable Living Trust Agreement: This type of trust allows the granter (Van Kampen Foods, Inc.) to retain control over the assets during their lifetime, with the ability to modify or revoke the trust as desired. The American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York may serve as trustees or administrators responsible for managing and executing the trust in accordance with the granter's instructions. 2. Irrevocable Trust Agreement: In this type of trust, the granter relinquishes control over the assets, transferring their ownership to the trust. The terms and conditions specified in the agreement cannot be altered or revoked without the consent of all involved parties. The Bank of New York, in this case, may act as the trustee, managing the assets on behalf of Van Kampen Foods, Inc., as the beneficiary. 3. Charitable Trust Agreement: This type of trust is created with the purpose of benefiting one or more charitable organizations or causes. Van Kampen Foods, Inc. may establish a charitable trust where American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York play crucial roles in managing the trust assets and ensuring the fulfillment of the charitable goals. Regardless of the specific type of Utah Trust Agreement entered into by Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York, it is crucial for all parties involved to carefully review and understand the terms and conditions laid out in the agreement. Seeking legal advice is recommended to ensure compliance with applicable laws and regulations, while protecting the interests of all stakeholders.

Utah Trust Agreement is a legally binding document that outlines the terms and conditions agreed upon between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement serves to protect the interests and assets involved in various financial transactions carried out by these entities in the state of Utah. The Utah Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York aims to provide a framework for the management and administration of trust assets, ensuring a secure and organized approach. This agreement outlines the roles and responsibilities of each party, in addition to specifying the powers, limitations, and obligations associated with the trust arrangement. In the context of different types of Utah Trust Agreements, several variations may exist depending on the specific purpose and nature of the trust. Some common types may include: 1. Revocable Living Trust Agreement: This type of trust allows the granter (Van Kampen Foods, Inc.) to retain control over the assets during their lifetime, with the ability to modify or revoke the trust as desired. The American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York may serve as trustees or administrators responsible for managing and executing the trust in accordance with the granter's instructions. 2. Irrevocable Trust Agreement: In this type of trust, the granter relinquishes control over the assets, transferring their ownership to the trust. The terms and conditions specified in the agreement cannot be altered or revoked without the consent of all involved parties. The Bank of New York, in this case, may act as the trustee, managing the assets on behalf of Van Kampen Foods, Inc., as the beneficiary. 3. Charitable Trust Agreement: This type of trust is created with the purpose of benefiting one or more charitable organizations or causes. Van Kampen Foods, Inc. may establish a charitable trust where American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York play crucial roles in managing the trust assets and ensuring the fulfillment of the charitable goals. Regardless of the specific type of Utah Trust Agreement entered into by Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York, it is crucial for all parties involved to carefully review and understand the terms and conditions laid out in the agreement. Seeking legal advice is recommended to ensure compliance with applicable laws and regulations, while protecting the interests of all stakeholders.